PYMNTS

APRIL 5, 2019

Bloomberg reported Friday (April 5) that Commercial Bank of Ivanovo, which is 80 percent owned by former North Carolina Republican Rep. Charles Taylor, had its license revoked because, as the Russian central bank said, it “regularly” broke regulations governing anti-money laundering rules.

North Carolina 116

North Carolina Wichita Regulation Fraud 116

PYMNTS

AUGUST 29, 2019

The company, which is based in both Switzerland and Singapore, has been talking with regulators and petitioned for a capital markets services license, which will allow the firm to offer asset management as a first step into financial services, co-founders Mathias Imbach and Gerald Goh said, according to Deal Street Asia. “In

Bitcoin 101

Bitcoin North Carolina blockchain San Francisco 101

Payments Source

APRIL 5, 2016

is scrapping plans to build an operations center in Charlotte, North Carolina, saying that recent legislation passed in the state undercuts the rights of lesbian, gay, bisexual and transgender people. PayPal Holdings Inc.

Charlotte 60

Charlotte North Carolina Operations Compliance 60

PYMNTS

FEBRUARY 26, 2019

By centralizing our expertise and attention, the new task force will be able to focus on these markets exclusively — ensuring they are operating pursuant to the antitrust laws, and taking action where they are not.”. billion antitrust fine over what the EU called an abuse of the Android operating system.

North Carolina 116

North Carolina Google New Jersey Connecticut 116

PYMNTS

SEPTEMBER 9, 2019

It’s too early to tell, but there is at least some speculation that the company could be mandated to change the way it categorizes and presents search results, and billions of dollars in fines may be in the offing, as well as a demand from regulators that the company break itself up. At this writing (Sunday, Sept. The Hearing.

Rhode Island 189

Rhode Island District of Columbia Google North Carolina 189

Abrigo

OCTOBER 29, 2014

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. The OCC on Oct. The OCC on Oct. • Changes in underwriting.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

PYMNTS

MARCH 10, 2020

Scharf noted the recent changes to leadership, with the creation of the new chief operating officer role , where 75 percent of the operating committee being put into place is new to the firm, having joined since the beginning of 2018. He said in his testimony that the business model had been flawed. Organizational Changes.

North Carolina 130

North Carolina Kentucky Compliance Capital 130

PYMNTS

OCTOBER 14, 2017

Less enthusiastic for ICOs are the Securities and Exchange Commission (SEC) and other global regulators around the world, who have all noted that ICOs seem to be a fast way for firms promising to do something with the blockchain to raise a lot of funds without having to answer the tough questions. All ten of them.

cryptocurrency 148

cryptocurrency North Carolina blockchain ATM 148

PYMNTS

SEPTEMBER 17, 2019

Interest rates on pawn loans vary as they are regulated by states. Regulations require that pawnbrokers request proof of ownership before making a deal with a potential customer — but the less reputable players in the industry have a nasty habit of forgetting to ask. So what is driving the Pawnaissance?

Ohio 151

Ohio Lending Iowa South Dakota 151

PYMNTS

MARCH 27, 2019

The proposed law would essentially offer financial institutions a safe harbor situation when it came to operating accounts for legal cannabis providers and the vendors that serve them. A request for comment from the committee was not immediately returned.

US 165

US North Carolina California Colorado 165

CFPB Monitor

SEPTEMBER 10, 2020

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” Thus, both the OCC and FDIC have adopted regulations rejecting the Second Circuit’s Madden decision.

Utah 78

Utah California FDIC West Virginia 78

PYMNTS

NOVEMBER 4, 2016

It ’ s unclear if the facility will augment Bitmain’s mining power or if it ’ s just a relocation of current operations. It’s much tougher to legitimize and regulate it. Elsewhere in the world, officials continue actively seeking legitimacy and regulation for bitcoin. Some find the process easier than others.

Bitcoin 100

Bitcoin North Carolina New York Regulation 100

Jeff For Banks

FEBRUARY 23, 2013

I first wrote of such a position based on an idea posed by a student in my class at the North Carolina School of Banking. Ensure compliance with all industry laws and regulations. Evaluate existing and prospective systems that are consistent with strategy and safe and sound operations. But this position is different.

Training 84

Training Leadership North Carolina Resources 84

CFPB Monitor

MAY 3, 2021

North Carolina Attorney General Josh Stein worried that the True Lender rule provides a get-out-of-jail-free card to predatory lenders, and claimed the rule exceeds the OCC’s authority – an argument addressed and refuted in detail by the OCC in the Supplementary Information accompanying the rule when published.

North Carolina 60

North Carolina Lending National District of Columbia 60

Gonzobanker

DECEMBER 14, 2023

The Bank Regulator Working for Merchants Award! Seems like maybe this has been forgotten when it comes to these regulations. The Lifelong Learning Award – goes to NCUA board member Rodney Hood for enrolling in a Wharton graduate program on fintech to be a more informed and effective regulator.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

OCTOBER 14, 2016

Although user access to the payments platform was not restricted officially, delays by financial regulators that seemed to have no intent in resolving issues meant that PayPal did not renew its financial license. Bitcoin Regulations. Bitcoin regulation, as Turkey is emphasizing, is a bane in bitcoin’s behind. The payoff is 12.5

Bitcoin 100

Bitcoin Conference New Hampshire blockchain 100

Jeff For Banks

SEPTEMBER 10, 2011

What is interesting about the success of Bank of the Ozarks and its CEO is the fact that he wasn''t the "experienced banker" regulators almost insist upon when approving the appointment of bank leadership. Bank of the Ozarks and their regulators were not so myopic in their view. How did they grow so quickly?

Arkansas 65

Arkansas South Carolina FDIC North Carolina 65

Gonzobanker

DECEMBER 20, 2019

The workplace a millennial will most confuse with Silicon Valley – Live Oak Bank in North Carolina. Brainchild of former Commerce Bancorp CEO Vernon Hill, MetroBank saw its share price drop more than 80% this year as it ran into loan risk-weighting issues with the regulators that required a dilutive capital raise. It’s game on.

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

MAY 17, 2017

What makes the nCino Bank Operating System the cloud banking solution of choice for a growing number of financial institutions (including “more than 130 FIs of all asset classes and from multiple countries” in the words of nCino CMO Jonathan Rowe)? Headquartered in Wilmington, North Carolina. Company Facts.

System 14

System Operations North Carolina Compliance 14

Fintech Labs Insights

MAY 17, 2017

What makes the nCino Bank Operating System the cloud banking solution of choice for a growing number of financial institutions (including “more than 130 FIs of all asset classes and from multiple countries” in the words of nCino CMO Jonathan Rowe)? Headquartered in Wilmington, North Carolina. Company Facts.

System 13

System Operations North Carolina Compliance 13

CB Insights

JUNE 17, 2020

In the case of telemedicine, government entities eased privacy regulations to facilitate more comprehensive remote diagnostics. Tech giants aren’t the only companies that have spotted the opportunity in remote diagnostics — some biotech companies have moved quickly to demonstrate value and capitalize on the eased regulations as well.

Industry 101

Industry Technology Online Video 101